CFTC Press Releases/
CFTC Issues No-Action Letter for DCMs Converting Existing Perpetual-Style Digital Commodity Futures into True Digital Commodity Perpetual Futures
The CFTC has issued a no-action letter allowing designated contract markets (DCMs) to convert existing perpetual-style digital commodity futures into true perpetual futures by removing expiration dates, subject to specific customer protection and procedural requirements.
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Why It Matters
This regulatory clarity allows exchanges to align their product offerings with true perpetual futures models, potentially increasing market efficiency and product standardization for digital commodity derivatives.